Unimech Aerospace and Manufacturing Limited has informed the Exchange about Investor Presentation
May 27, 2025
Corporate Relationship Department BSE Limited PJ Towers, Dalal Street, Mumbai-400 001 Scrip Code: 544322
Dear Sir/Madam,
Sub: Investor Presentation
The Listing Department National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai - 400 051 Symbol: UNIMECH
With reference to the captioned subject, the Investor Presentation for the quarter and year ended March 31, 2025, on Company Overview, Business highlights, financial performance and other updates is enclosed herewith for your consideration.
We request you to kindly take the above on record.
For Uniemech Aerospace and Manufacturing Limited
Ramakrishna Kamojhala Whole Time Director (Finance) Encl: A/a
Unimech Aerospace and Manufacturing Limited Investor Presentation
Q4 FY25 - May 2025
Disclaimer
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Unimech Aerospace & Manufacturing Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.
Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, technological competition, implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.
the Company’s future levels of growth and expansion,
the company’s ability to successfully implement
its strategy,
1
Chairman & Managing Director’s Message
“Our performance during quarter four of FY25 has been strong in terms of revenue realizations, added INR 684 million of revenue from operations during the quarter, ending FY25 revenue from operations at INR 2,429 million of which 95% was exports. We have added capacity both in terms of machines and human capital. 33,000 sq. ft. space added to Unit 1, taking the total floor capacity to 2,13,000 sq ft. We currently have a fleet of 141 machines, added 48 machines in Q4. Additionally, we have filled in key positions with professionals having rich expertise. All these efforts put in FY25 will yield results in the upcoming years.
EBITDA for the quarter stood at INR 275 million with margins of 40%. Our focus is to acquire more customers on the aero tooling segment. Precision engineering will contribute incrementally in FY26. We aim to maintain margins but increased contribution from Precision segment will lead to slight compression in margins in the near-term but will eventually increase visibility in the order book and revenue generating capacity.
Post our successful IPO, we prepare ourselves for the next leg of growth, where we plan to increase our revenue base entering newer segments, identify and engage new acquisition targets. Our initiatives are aligned to deliver sustainable growth for the organization upholding shareholders interest by maximizing value for them. We remain committed to our core principles of yielding quality deliverables driving towards continued success.”
2
Anil Kumar P Anil Kumar P Chairman & Managing Director Chairman & Managing Director
Financial Highlights – FY25
Financial Performance – FY25 vs FY24
Revenue (INR Mn) Revenue (INR Mn)
EBITDA (INR Mn) & Margins (%) EBITDA (INR Mn) & Margins (%)
PAT (INR Mn) & Margins (%) PAT (INR Mn) & Margins (%)
16%
2,429.3
2,087.7
FY24
FY25
1050
900
750
600
791.9
FY24
38%
38%
27%
31%
Key Highlights:
16%
44%
Strong growth in both revenue and EBITDA up 16% YoY due to increasing SKU qualifications
920.6
834.6
581.3
Qualified SKUs 4,388 as of Mar’25 vs
4,041 in Dec’24
FY25
FY24
FY25
Financial Performance – Q4 FY25 vs Q4 FY24
Revenue (INR Mn) Revenue (INR Mn)
EBITDA (INR Mn) & Margins (%) EBITDA (INR Mn) & Margins (%)
PAT (INR Mn) & Margins (%) PAT (INR Mn) & Margins (%)
42%
40%
31%
37%
EBITDA margins at 38% for FY25 same as last year despite increased opex in Q4FY 24-25.
Significant head count addition – Total Headcount increased to 793 as of Mar’25 vs 384 as of Mar’24
10%
623.5
683.7
300
150
0
5%
48%
Orders in hand Rs 933.78 mn as of Apr’25
262.9
275.2
197.2
292.0
Machine capacity enhanced to 6,33,840 machines hours in Mar’25 vs 2,22,990 machine hours in Mar’24
Q4 FY24
Q4 FY25
Q4 FY24
Q4 FY25
Q4 FY24
Q4 FY25
3
Financial Highlights - Consolidated Trend
Revenue from operations (INR Mn) Revenue from operations (INR Mn)
EBITDA (INR Mn) and EBITDA Margin (%) EBITDA (INR Mn) and EBITDA Margin (%)
PAT (INR Mn) and PAT Margin (%) PAT (INR Mn) and PAT Margin (%)
CAGR 88.4%
2,429.3
2,087.8
21%
37%
38%
38%
920.6
9%
24%
27%
31%
834.6
941.7
363.5
791.9
345.6
77.3
FY22
FY23
FY24
FY25
FY22
FY23
FY24
FY25
■ EBITDA
EBITDA %
581.3
228.1
33.9
FY22
FY23
FY24
FY25
■ PAT
PAT%
ROCE1 & ROE1 (%) ROCE1 & ROE1 (%)
Fixed Asset Turnover Ratio (times) Fixed Asset Turnover Ratio (times)
53.5%
54.4%
46.7%
42.9%
5.2
33.1%
25.2%
3.5
2.3
FY23
FY24
FY25
FY23
FY24
FY25
ROCE
ROE
12.3%
10.3%
FY22
Revenue from operations grew at CAGR
of 88% (FY22 – FY25)
Highest ever EBITDA & PAT margins at 38% and 31% respectively for FY25
Adjusted ROE & ROCE continues to stay strong at 33% & 25% respectively
Note: 1. Adjusted with un-utilized cash raised from Pre-IPO and IPO.
4
Business Overview
5
Business Overview
Unimech specializes in precision engineering and manufactures and supplies critical parts and components such as aero tooling, ground support equipment, electro-mechanical sub-assemblies and other such components for the aerospace, defence, energy, and semiconductor industries
Our Business Segments Our Business Segments
Capabilities Capabilities
Qualified Delivery parts Qualified Delivery parts
11
22
Aero Tooling / MRO Tooling
Manufacturing Aero Engine and Air-Frame Tools; Facility at KIADB Aerospace SEZ. Manufactures specialized aero engine tools for LEAP, Pratt & Whitney and Rolls Royce engines; airframe tools for Airbus & Boeing
Precision Parts and Assemblies
Manufacturing of precision parts and assemblies for Nuclear, Aero, Defence and other Emerging Industries; Facility at Peenya industrial Area, Bengaluru
High mix medium & High mix medium & low volume Products low volume Products
Build to Print
Build to Spec. Build to Spec.
3,572 SKUs tooling and precision complex sub-assemblies
816 SKUs precision machined parts
Geographical Presence Geographical Presence
Capacity Capacity
• Catering to 7 countries • Serving 30+ customers • 95%+ export revenue
2,13,000 sq ft Spread across 3 manufacturing units
Key Industries Served Key Industries Served
Key Customers Key Customers
Defence Defence
Tier-1 Engine Tool Licensees Tier-1 Engine Tool Licensees
Nuclear PSU Nuclear PSU
Semi - Conductors Semi - Conductors
Aerospace Aerospace
Nuclear Nuclear
Energy Energy
Engine OEMs Engine OEMs
Aircraft OEMs Aircraft OEMs
MRO shops MRO shops
Defence Cos Defence Cos
Semi-conductor Semi-conductor equipment's OEMs equipment's OEMs
6
Unimech’ s Journey
2016
2018
Unimech Aerospace incorporated on August 12, 2016
2020
Expanded Capacity by incorporating subsidiary Innomech Toolings
Onboarded Boeing & Collins Aerospace; Devanahalli unit started
2022
Visible tailwinds in aerospace industry, setting base for growth
2024
Listed on BSE and NSE on 31st Dec’24; Expanded facility to 180,000 sqft
2017
Received first certification, AS9100 D certified
2019
Added 30,000 sq ft of factory space
2021
Business expanded to serve clients in Energy & Semiconductor sectors
2023
Added more airframe & engine OEMs
FY 2025 – Have a capacity of 2,13,000 sq ft expandable to over 3,00,000 sq ft
7
Business Segment-1 : Aero Tooling / MRO Tooling
Product Portfolio | Aero Engine and Airframe tooling for Aero Engine OEMs, Airframe OEMs, and their licensees Product Portfolio | Aero Engine and Airframe tooling for Aero Engine OEMs, Airframe OEMs, and their licensees
Aero-engine tools
Air-frame tools
Customers Customers
Business expansions highlights Business expansions highlights
Tier-1 Engine Tool Licensees
• Capacity - Created Capacity of 4,86,720 hours (170% growth)
Engine OEMs
Aircraft OEMs
MRO shops
• Enhanced Talent pool - 609 employees as on Mar’25
• Customers – Onboarded 8 new OEMs during FY25 – currently serving 19 customers as of Mar’25 vs 11 customers in
Mar’24
Growth Strategies
• Qualify for high volume and more complex tools
Increase exclusive contracts with clients
• • Target larger wallet share with clients with increased capacity
•
Increasing capacity for faster execution.
Industry Growth Factors
Increase in global aircraft fleet
Increase in demand for MRO services and MRO centres
Ageing aircraft and replacement cycles
8
Business Segment-2 : Precision Components and Assemblies
Product Portfolio | Precision parts, components and assemblies for the Nuclear, aerospace, defense and other emerging segments Product Portfolio | Precision parts, components and assemblies for the Nuclear, aerospace, defense and other emerging segments
Nuclear
Aero space, Defence, Missile, Semi-conductor and other emerging segments
Customers Customers
Business expansion highlights Business expansion highlights
Nuclear PSU
Defence Cos
Semi-conductor equipment's OEMs
• Capacity - Added new facility of 33,000 sq ft expandable by another 62,000 sq. ft.; Capacity expanded to 1,47,120 hours
(240% growth)
• Talent pool - Total employee strength of 184 employees as of Mar’25
• Customers - Onboarded 7 customers during FY25 currently serving 13 customers will expect benefits to flow in H2-FY26
Growth Strategies
•
•
•
•
Increasing capacity Completing approval process for more sub-systems and components Diversifying across industries by onboarding new clients
More focus on Nuclear segment and prepare for participating EMCCR tenders along with new project business
Industry Growth Factors
Growth of end-user industries
Growing procurement from India for Precision Components
Global shift towards renewable energy, Installations of additional nuclear plants and capacity addition in existing plants
9
Advanced production facilities with efficient machining capabilities
3 manufacturing facilities situated in Bangalore, Karnataka 3 manufacturing facilities situated in Bangalore, Karnataka
Details of installed capacity and capacity utilization Details of installed capacity and capacity utilization
Innomech: Devanahalli, SEZ, Bangalore
Area (FY25)
150,000 sq ft
Unimech
Plant 1 : Peenya
Area (FY25)
30,000 sq ft
Plant 2 : Devanahalli, General industrial Area
Area (FY25)
33,000 sq ft*
Particulars
Installed Capacity (Hours)
Utilization (Hours)
Capacity Utilization (%)
Innomech: Devanahalli, SEZ, Bangalore
FY23
FY24
FY25
81,930.00
77,441.88
94.52%
1,79,820.00
1,68,348.85
93.62%
4,86,720.00 (170%)
2,84,598.00
58.47%
Upcoming collaborative manufacturing and technology park (“Tech Park”) in the pipeline at KIADB general industrial area spread across an area of 4 acres of land
Manufacturing Capabilities Manufacturing Capabilities
Capabilities include (i) design and engineering, (ii) manufacturing, (iii) fabrication, (iv) special process, (v) electrical and electronic integration, (vi) assembly, and (vii) quality inspection
Manufacturing capabilities include turning, milling, double column milling, electro discharge machining and grinding
Special process capability includes painting, polymer- based coatings, NADCAP certified process including heat treatment and anodizing, through third party vendors.
Assembly capabilities include different types of assemblies such as interference, transition fits, heli-coil assemblies, smooth sealing application
Testing capabilities include load testing capabilities, helium leak testing, NDT tests like ultrasonic tests, die-penetrant test, drive mechanism testing amongst others
Particulars
Installed Capacity (Hours)
Utilization (Hours)
Capacity Utilization (%)
Unimech: Peenya, & Devanahalli, General industrial Area Bangalore
FY23
FY24
FY25
43,170.00
40,963.61
94.89%
43,170.00
41,113.64
95.24%
1,47,120.00 (240%)
80,433.00
54.67%
*Expandable upto 95,000 sq ft
10
Strategic and New Initiatives
Strategic Initiatives – Inorganic growth by way of M&A Strategic Initiatives – Inorganic growth by way of M&A
New Initiatives – Geographical expansion New Initiatives – Geographical expansion
Strategic Investment – Dheya Engineering Technologies Pvt Ltd
M&A Opportunity
Acquired 30% stake in Dheya Engineering
Exclusive manufacturing agreement for the production of micro gas turbine and engines including manufactured orders for sub systems
by Unimech,
by Dheya
developed
Board representation
Anil Kumar P Chairman & Managing Director
Rajanikanth Balaraman Whole-Time Director
We continue to explore inorganic expansion opportunities that align with our long-term vision. We are in the process of evaluating targets and looking for strategic and operational synergies.
Expanding presence into the USA and European countries by onboarding new customers and increasing wallet share with existing customers
Evaluating establishing warehouses in global countries to reduce lead times and improve our responsiveness to customer demands
Collaborating with global players to serve customers more effectively, reduce lead times, access new markets, and meet specific customer requirements
11
Key Growth Strategies
01
02
03
04
05
Market Development
Enhancing our global footprints in strategic regions thereby enriching customer experience for exiting clients and expanding reach to new markets
Market Penetration Capturing higher market shares and increase the wallet size from the current customers.
Opportunities of growth : Growth in MRO • industry Growth in aircraft fleet Opportunities in nuclear industry
•
•
Product Development
Manufacturing of high precision products thereby enhance our ability to manufacture components for nuclear, semi- conductors , robotics which are high mix & low volume category products
Capacity Expansion
Diversification
Increase in manufacturing capacity to serve the increasing demand both internationally and domestically
Focus on growth by undertaking opportunistic inorganic acquisitions and partnerships with customers
12
Summary of Financial Statements
13
Consolidated Statement of Profit & Loss
Particulars (INR in million)
Q4 FY25
Q4 FY24
Y-o-Y
Q3 FY25
Q-o-Q
FY25
FY24
Y-o-Y
Revenue from operations Expenditure Material & Conversion cost Employee benefit expenses Other expenses Total Operating Expenses EBITDA Depreciation and amortisation expense Finance cost EBT Other income PBT Tax Expense Profit after tax for the year
Materials % Sub-contracting % Employee Benefit % Other expenses % EBDIT% PBT% PAT%
683.7
623.5
10%
539.0
27%
2,429.3
2,087.8
16%
36% (6%) (5%) 13% 5% 193% (39%) (3%) 465% 31% (35%) 48%
223.3 93.8 91.4 408.5 275.2 39.4 10.5 225.3 101.6 326.9 34.3 292.0
22.1% 10.6% 13.7% 13.4% 40.2% 41.6% 37.2%
164.0 100.3 96.3 360.6 262.9 13.4 17.1 232.4 18.0 250.3 53.1 197.2
16.9% 9.4% 16.1% 15.4% 42.2% 39.0% 30.7%
168.1 132.8 81.2 382.1 156.9 28.5 11.5 116.9 77.1 194.0 38.2 155.7
22.5% 8.7% 24.6% 15.1% 29.1% 31.5% 25.3%
33% (29%) 13% 7% 75% 38% (9%) 93% 32% 69% (10%) 88%
5% 42% 17% 16% 16% 137% 35% 8% 394% 33% 0% 44%
744.0 460.1 304.6 1,508.6 920.6 105.6 43.7 771.3 247.7 1,019.0 183.7 834.6
21.8% 8.8% 18.9% 12.5% 37.9% 38.1% 31.2%
711.8 324.4 259.7 1,295.9 791.9 44.6 32.3 714.9 50.1 765.0 183.7 581.3
21.2% 12.9% 15.5% 12.4% 37.9% 35.8% 27.2%
14
Consolidated Balance Sheet
EQUITY AND LIABILITIES (INR in million)
Mar-25
Mar-24
ASSETS (INR in million)
Mar-25
Mar-24
Equity Equity share capital Other equity
Total equity
Liabilities Non-current liabilities Financial liabilities Borrowings Lease liabilities Provisions Deferred tax liability (net) Total non-current liabilities Current liabilities Financial liabilities Borrowings Lease liabilities Trade payables Other financial liabilities Provisions Current tax liabilities (net) Other current liabilities
Total current liabilities
254.3 6,434.8
6,689.1
220.0 865.9
1,085.9
341.8 103.7 8.4 5.5 459.3
374.4 23.2 161.0 267.0 80.6 1.6 16.3
924.2
125.2
- - -
125.2
163.4 10.4 126.6 33.7 175.7
22.9 6.8
Non-current assets Property, plant and equipment Right-of-use assets Capital work-in-progress Intangible assets Financial assets Investments Other financial assets Non Current tax assets (net) Other non-current assets Total non-current assets Current assets Inventories Financial assets Investments Trade receivables Cash and cash equivalents Bank balances other than cash & cash eq. Other financial assets Current tax assets (net) Other current assets
539.5
Total current assets
1,427.8 177.9 50.2 15.9
49.3 16.8 -
278.9 2,016.8
450.7 62.8 0.2 6.4
- 8.8 5.6 85.1 619.7
197.5
197.3
3,385.8 549.8 1,417.7 7.5 359.1 24.8 113.5
6,055.7
-
468.4 71.8 46.9 196.8 39.6 110.1
1,130.9
Total equity and liabilities
8,072.5
1,750.6
Total Assets
8,072.5
1,750.6
15
Our Founding Team & Board Members
16
Founding Team
Anil Kumar P Co-Founder, CEO & Chairman
Ramakrishna Kamojhala Co-Founder & CFO
● Oversees strategic initiative for business growth and
● Oversees finance, investor relations and compliance
overall business
functions.
● Over 20 years of experience in manufacturing sector
● B.Tech from Indira Gandhi National Open University,
New Delhi
● Previous experience includes Quality Engineering & Software Technologies Pvt Ltd, CIM Tools Pvt. Ltd etc.
● Over 24 years of experience in the financial and secretarial field in the aerospace manufacturing sector
● Member of
ICAI,ICMAI & ICSI, MBA degree from
NIBM, Chennai
● Previous
experience
includes
International
Aerospace Manufacturing Pvt. Ltd , GE etc
Mani P Co-Founder & Head of Component & Assembly Business
● Oversees operations and delivery
● Over 30 years of experience in business operations
● B.tech degree from Indira Gandhi National Open University, New Delhi and MBA from Toulouse Business School, France
● Previous experience includes with International Aerospace Manufacturing Pvt. Ltd and Maini Precisions Products Pvt. Ltd. , Toyota etc
Rajanikanth Balaraman Co-Founder & Chief Growth / Technology Officer
Preetham S V Co-Founder & Head of Tooling Division
● Oversees strategic growth initiatives, technology and
● Oversees the aero tooling business
business development functions
● Over 19 years of experience in manufacturing
● Around 28 engineering
years
of
experience
in
software
● B.tech degree from Kuvempu University, Karnataka
● Previous experience includes with GE Aerospace,
● B.tech degree from Bangalore University, Karnataka
Quest Global, Wipro etc
● Previous
experience
includes MD at National
Instruments Ltd, Robert Bosch India Ltd etc.
17
Independent Board Members
Ashok Tandon Non-Executive - Independent Director
Mr. Mukund Srinath Non-Executive - Independent Director
Ms. Vidya Rajarao Non-Executive - Independent Director
four Renowned management professional with over decades of experience at the board various industries serving Aerospace/ Defense, Mining/ Metals, Fertilizer, Sugar, and Machine Tool sectors. A law graduate and Fellow Member of The ICSI. Previously he has served as the Executive Director (Company Secretary) at Hindustan Aeronautics Limited (HAL).
Seasoned corporate professional with over 35 years of expertise in Legal and Corporate Secretarial matters. A Fellow Member of The ICSI, a law graduate, and a postgraduate in Commerce. He has held leadership roles Capgemini Technology Services India Ltd., iGATE Group, SmithKline Pharmaceuticals Ltd., BPL Ltd., and DISA Ltd.
Currently a Corporate Consultant, he brings unparalleled experience in corporate governance and legal affairs.
An extraordinary leader in the field of forensic accounting, She is a Chartered Accountant and a Certified Fraud Examiner from the Association of Certified Fraud Examiners (ACFE), USA. Mrs Rajarao has 25 years of experience and has played a pivotal role in numerous forensic accounting assignments, fraud investigations, and regulatory proceedings across India, the USA, UK, and Germany. She was the first Indian elected to the Board of Regents of the ACFE.
Mr. Pavan Krishnamurthy Non-Executive - Independent Director
Mr. Sridhar Ranganathan Non-Executive - Independent Director
Distinguished venture investor and advisor with over 25 years of experience in venture capital, family offices, and advisory services. He is a Chartered Accountant and a graduate in Mathematics, Statistics, and Economics. He has been associated with prominent organizations like Ojas Venture Fund, Nadathur Family Office, Ernst & Young, PricewaterhouseCoopers, and as an advisor to several family offices and businesses.
Co-Founder & Director of multiple innovative ventures, including Helyxon, Pristine Concepts, Jokesapart, and the IIT Madras Research Park, Chennai. He has over 30 years experience in health care industry and has served at key roles. He also serves as a Member of the Steering Committee of HRD, Department of Biotechnology, Ministry of Science and Technology, Government of India.
18
Thank You
For any investor queries, please contact: Aakash Jaiswal, Investor Relations Mail : aakash.j@unimechaerospace.com Phone: 080 4204 6782 investorrelations@unimechaerospace.com